1407 2nd StreetNew GlarusWI53574
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in New Glarus at 1407 2nd Street, New Glarus, WI, 53574 offers a 3.17% rental yield on a $625,000 purchase with $1,650/mo rent. 21% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 24.69% and total cumulative return in cash at $50,761. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1952
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53574, New Glarus, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,719 (100%) |
| Owner Occupied HU | 1,338 (77.8%) |
| Renter Occupied HU | 283 (16.5%) |
| Vacant Housing Units | 98 ( 5.7%) |
| Median Home Value | $345,695 |
| Average Home Value | $401,618 |
Housing Distribution
Address Breakdown
Residential
1,424
Single Family
1,281
Multi-Family
143
Businesses
150
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Listed by: Carson Brewer • ALTUS Commercial Real Estate, Inc.
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1991649
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.